With 5G and Internet of Things (IoT) devices arriving on the horizon, data speed will increase but the speed of cyber attacks would also rise, said a Grant Thornton report. "Threat actors are expected to deploy advanced AI-led attacks to boost the speed and impact of their campaigns. IoT will throw new challenges to data security," said the report.
"They're certainly not exactly about truth in advertising. Even they have said that. That's why we're really in squarely a crisis of trust, when the core vendor themselves cannot say that trust is our most important value," said Benioff. "I expect a fundamental reconceptualisation of what Facebook's role is in the world," Benioff added.
After the banking, financial sector and insurance (BFSI) space, the public sector is the fastest-growing unit for the company, driven by power and utility modernisation and smart city initiatives.
More than 50,000 mobile phone retailers have given an ultimatum to the top five smartphone brands to permanently stop online discounting and launch of online exclusive models, claiming that the ecommerce push had badly hurt their business.
